Foreclosure does not mean the bank can evict you
The Massachusetts Just Cause Eviction Law was passed in August 2010. It protects tenants in bank-owned foreclosed properties. In most cases, a bank cannot evict you or pressure you to leave unless it has “just cause.”
The new Just Cause Eviction Law says:
- If you are a bona fide tenant you can stay in your building while the bank owns it, unless the bank has just cause to evict you;
- The bank can evict you only if you violate standard tenancy rules, or if the bank has a signed contract to sell the property to another buyer;
- The bank cannot pressure you into leaving or do anything else to force you out;
- The bank must notify you that you have the right to a court hearing before eviction;
- The bank must post and send you a notice telling you how to contact the bank and the person in charge of repairs and management of your building.